Trying to solve the mystery of big bond yields

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Matt Cardy/Getty Images

If you’re wincing at high interest rates on a potential loan right now, it’s not just you. And the Federal Reserve’s rate hikes actually isn’t (entirely) to blame either. There’s another culprit: the rate of a return, or yield, on a Treasury bond issued by the U.S.

Today, we explore why this bond yield is so important and why it’s at its highest level in years.

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